304 E Hwy 50

$1,450,000, 7,278 Sqft .71 Acres

About This Property

Guests love all the updates this motel has received in the last 3 years. Google rating is 4.1 out of 5 stars and Hotels.com rating is 8.6 out of 10 stars. Sales were up 12% in the 1st qtr of 2019. People stop daily to photograph the neon sign, Studebaker car and the new electric chargers retro-fit into vintage gas pumps. The motel sign made the cover of the May issue of Street Scene Magazine. Motel includes a 1383 sq. ft. 3 bed, 1 bath manager's quarters and 900 sq. ft. basement with 1 bed, 1 bath for maintenance/cleaner. Employee housing is essential in Salida. This 1950's retro-inspired motel offers all the modern comforts - wifi, cable, fridge/micro in all rooms, morning coffee/snacks, hot tub, dog friendly rooms, cruiser bikes, and guest laundry. Plenty of restaurants close by. Listing agent is also co-owner.

Status: Active

Metrolist Services Inc (Colorado) Logo Colorado Mountain Realty.

Essential Information

MLS® #8906679
Price$1,450,000
Bathrooms0.00
Square Footage7,278
Acres0.71
Year Built1960
TypeIncome
Sub-TypeCommercial
StyleRanch/1 Story
StatusActive
FeaturesCorner Lot

Community Information

Address304 E Hwy 50
SubdivisionSalida
CitySalida
CountyChaffee
StateCO
Zip Code81201

Amenities

Parking Spaces25
ParkingParking Lot
ViewMountain View

Interior

HeatingBaseboard, Wall Heater

Interior Features

Entrance-Outside, Heated, Private Bathrooms, Remodeled, Smoke Free, Updated, Utility Sink, Window Coverings

Cooling

Air Conditioning-Individual, Ceiling Fan

Exterior

Lot Description30750.00
WindowsWindow Coverings
RoofMembrane, Rolled Roofing
ConstructionBrick, Concrete

Exterior Features

Deck, Hot Tub/Spa, Utility Shed, Yard

Additional Information

ZoningCommercial

Listing Details

Metrolist Services Inc (Colorado) LogoColorado Mountain Realty

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Copyright 2019 METROLIST, INC., DBA RECOLORADO® -- All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

Listing information last updated on July 18th, 2019 at 10:05am MDT.

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